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Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.
Original article: https://mises.org/mises-wire/inflation-interventionism-and-intergenerational-resentment
By Mises Institute4.7
9393 ratings
Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.
Original article: https://mises.org/mises-wire/inflation-interventionism-and-intergenerational-resentment

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